Triple Top Breakouts Featuring Market Mover Yadkin Valley Financial Corp. (Nasdaq: YAVY), article by TwinTrader.com
Yadkin Valley Financial Corp. operates as the bank holding company for Yadkin Valley Bank and Trust Company, which provides consumer and commercial banking services to individuals and small- and medium-sized businesses in northwestern North Carolina.
(EMAILWIRE.COM, October 03, 2008 ) DALLAS, Texas - TwinTrader.com announces the publication of a breakout for Yadkin Valley Financial Corp. (Nasdaq: YAVY), an excerpt highlighting public companies on the move and what’s behind their stock activity.
Investors can view all of the Breakouts and other articles for free by visiting: http://www.twintrader.com/
Yadkin Valley Financial Corp. operates as the bank holding company for Yadkin Valley Bank and Trust Company, which provides consumer and commercial banking services to individuals and small- and medium-sized businesses in northwestern North Carolina. The company offers a range of deposit products comprising checking and savings accounts, NOW and money market accounts, interest-bearing deposits accounts, noninterest-bearing demand deposits, and certificates of deposit and individual retirement accounts.
The breakout explains why Yadkin remains outside the risk of the current financial crisis, as well as its technical position. The author writes:
“Yadkin Valley Bank’s balance sheet is not nearly vulnerable to the financial crisis as any of the large- or mid-size U.S. banks. Yadkin Valley Bank, with 24 branches, services areas of North Carolina, a state where real estate prices have, to date, held up remarkably well. Smaller well-run banks such as Yadkin Valley Bank will be a beneficiary of new customers after the economy bottoms due to the void created by larger bank bankruptcies. … After plunging in mid-August, the stock rebounded sharply as bargain hunters scooped up shares of the bank mistakenly pronounced “guilty through association.” The 50-day moving average crossed the 200-day average in early September, trending upward ever since. The MACD is showing a bullish reading; RSI is still neutral, indicating a push up in the stock price may not hit technical resistance until the stock reaches $20.”
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TwinTrader LLC (TT) is not a registered broker-dealer and is not a registered investment advisor. No investor should base their investments decisions upon any act or omission of TT. TT makes no representations or warranties, and none may be relied upon. The purchase and sale of any securities must be made solely with the assistance of a registered broker-dealer and/or investment advisor. TT may, and you should assume that TT does, own shares in the companies profiled on this site. TT intends to sell its shares at times and as otherwise allowed by the securities laws which may negatively affect the performance of the stock price. TT affiliates, officers, directors and employees may have also bought or may buy shares in the companies profiled on this site and may sell, and profit from the sale of, such shares at any time. Except as required by the securities laws, TT will not advise when it or its affiliates, officers, directors and employees intend to sell and will not offer any opinion as to when others should sell. Any recent increase in volume or increase in stock price may be due to trading by TT or its affiliates, officers, directors and employees. TT will not be responsible for any gains or losses due to investing based on any opinions contained on this site. Receipt of the stock profiles, either via e-mail or directly from this site, is not in any way a solicitation or recommendation to buy or sell and should be used for information purposes only. Short-term trading can be extremely risky. As with any investment decision, careful research should be done before making any decision to invest.
TwinTrader.com is a Web site partially owned by BlueWave Advisors, LLC, a financial public relations firm. BlueWave Advisors, LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice. For the full disclaimer visit www.beaconequity.com/m.
Source: TwinTrader.com
TwinTrader.com
Scott Sanchez, (214)-317-5947
scott@twintrader.com
Investors can view all of the Breakouts and other articles for free by visiting: http://www.twintrader.com/
Yadkin Valley Financial Corp. operates as the bank holding company for Yadkin Valley Bank and Trust Company, which provides consumer and commercial banking services to individuals and small- and medium-sized businesses in northwestern North Carolina. The company offers a range of deposit products comprising checking and savings accounts, NOW and money market accounts, interest-bearing deposits accounts, noninterest-bearing demand deposits, and certificates of deposit and individual retirement accounts.
The breakout explains why Yadkin remains outside the risk of the current financial crisis, as well as its technical position. The author writes:
“Yadkin Valley Bank’s balance sheet is not nearly vulnerable to the financial crisis as any of the large- or mid-size U.S. banks. Yadkin Valley Bank, with 24 branches, services areas of North Carolina, a state where real estate prices have, to date, held up remarkably well. Smaller well-run banks such as Yadkin Valley Bank will be a beneficiary of new customers after the economy bottoms due to the void created by larger bank bankruptcies. … After plunging in mid-August, the stock rebounded sharply as bargain hunters scooped up shares of the bank mistakenly pronounced “guilty through association.” The 50-day moving average crossed the 200-day average in early September, trending upward ever since. The MACD is showing a bullish reading; RSI is still neutral, indicating a push up in the stock price may not hit technical resistance until the stock reaches $20.”
To read the entire article visit http://www.TwinTrader.com
Join the fastest growing investor community at: http://www.stockhideout.com/
TwinTrader LLC (TT) is not a registered broker-dealer and is not a registered investment advisor. No investor should base their investments decisions upon any act or omission of TT. TT makes no representations or warranties, and none may be relied upon. The purchase and sale of any securities must be made solely with the assistance of a registered broker-dealer and/or investment advisor. TT may, and you should assume that TT does, own shares in the companies profiled on this site. TT intends to sell its shares at times and as otherwise allowed by the securities laws which may negatively affect the performance of the stock price. TT affiliates, officers, directors and employees may have also bought or may buy shares in the companies profiled on this site and may sell, and profit from the sale of, such shares at any time. Except as required by the securities laws, TT will not advise when it or its affiliates, officers, directors and employees intend to sell and will not offer any opinion as to when others should sell. Any recent increase in volume or increase in stock price may be due to trading by TT or its affiliates, officers, directors and employees. TT will not be responsible for any gains or losses due to investing based on any opinions contained on this site. Receipt of the stock profiles, either via e-mail or directly from this site, is not in any way a solicitation or recommendation to buy or sell and should be used for information purposes only. Short-term trading can be extremely risky. As with any investment decision, careful research should be done before making any decision to invest.
TwinTrader.com is a Web site partially owned by BlueWave Advisors, LLC, a financial public relations firm. BlueWave Advisors, LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice. For the full disclaimer visit www.beaconequity.com/m.
Source: TwinTrader.com
TwinTrader.com
Scott Sanchez, (214)-317-5947
scott@twintrader.com
Contact Information:
TwinTrader
Scott Sanchez
Tel: 214-227-7560
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
TwinTrader
Scott Sanchez
Tel: 214-227-7560
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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